Aetna retrenches coverage in Colorado

Hartford managed care provider Aetna Inc. will no longer sell new individual-market health insurance policies in Colorado and will terminate current policies held by state residents no later than July 31, 2012, the Denver Business Journal reports.

The change represents Aetna’s third major recent pull-back on health-insurance offerings in Colorado, the paper reports on its website.

Aetna announced last year that it will also stop selling new small-group and child-only individual-market policies.

An Aetna spokeswoman said the company will continue to sell large-group plans and dental and life products in Colorado.

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